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97
Feb 22, 2013
02/13
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FBC
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remember this threaduring the debt ceiling debate back in the summer of 2011? i cannot guarantee that those checks go out on august 3rd if we have not resolve this issue because there may simply not be the money in the coffers to do it. this is not just a matter of social security checks, veterans' check folks on disability and their checks. about 70 million checks that go out. lou: more recently in the linda congressional session in the fiscal. >> debate, president obama issued his threat. >> what has been holding us back is the dysfunction here in washington. and if people start seeing that on january 1st this problem still has not been solved. if they save that people's taxes have gone up, which means consumer spending is going to be depressed, then obviously that will have an adverse reaction on the markets. lou: and, of course, that is exactly what has transpired as we now approach the onset of sequestered. took a long time, but president obama today finally reach out to the republican leaders to talk sequester, talking by phone with the speaker and senate
remember this threaduring the debt ceiling debate back in the summer of 2011? i cannot guarantee that those checks go out on august 3rd if we have not resolve this issue because there may simply not be the money in the coffers to do it. this is not just a matter of social security checks, veterans' check folks on disability and their checks. about 70 million checks that go out. lou: more recently in the linda congressional session in the fiscal. >> debate, president obama issued his...
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179
Feb 19, 2013
02/13
by
FOXNEWSW
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republicans decided they don't want to make a fan of debt ceiling. it sounds like the sequester will happen. we don't know how long it goes in effect for. when they go in effect, it will be painful and there will be the pressure on republicans to come to the table to negotiate what the president calls the balanceed approach. to do spending cuts. maybe not. we don't know. republicans seem to think that at least getting the cuts would level the playing field. may will go forward in government shutdown debate from there. i think the sequester is going to happen. >> bret: back in novembe november 2011, when -- we have all be through this, where sequester was proposed by the white house a something that it would be so bad that the super committee had to get their job on the. it didn't happen. after the super committee disbands, that night, the president says this -- >> already, some in congress try to undue the spending cut. my message is simple. no i will veto any evident to get rid of the automaticbe it was cut. no easy off-ramp on this one. we need to
republicans decided they don't want to make a fan of debt ceiling. it sounds like the sequester will happen. we don't know how long it goes in effect for. when they go in effect, it will be painful and there will be the pressure on republicans to come to the table to negotiate what the president calls the balanceed approach. to do spending cuts. maybe not. we don't know. republicans seem to think that at least getting the cuts would level the playing field. may will go forward in government...
273
273
Feb 20, 2013
02/13
by
CNBC
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in may, we get the debt ceiling again. >> does the market not think the debt ceiling is going to happen or not care. >> i think the consensus now is it will happen. then there will be a scramble in the middle of march to look like heroes, increase spend ac little bit, come to a deal and get us through it. >> guys say don't fear the sequester. ceo market soothsayers say don't fear the sequester. >> i heard other ceos said you should fear it and cuts defense and other ripples. >> we had others. >> i guess when you're talking long term versus short term, there's the difference. >> it will reduce spending in the near term. the economy is weak, won't help. we need a long plan. keep everything going this year, a couple more out-years things are better, unemployment down, then we start to scale back. >> we've been hearing that. >> what are we going to scale back on. you look at furloughing employees at the faa who will be at the airports, that's nerve racking. >> same in defense. >> probably cuts no matter where they come. >> they will happen any way. >> you have the fringe on both sides. howa
in may, we get the debt ceiling again. >> does the market not think the debt ceiling is going to happen or not care. >> i think the consensus now is it will happen. then there will be a scramble in the middle of march to look like heroes, increase spend ac little bit, come to a deal and get us through it. >> guys say don't fear the sequester. ceo market soothsayers say don't fear the sequester. >> i heard other ceos said you should fear it and cuts defense and other...
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83
Feb 16, 2013
02/13
by
CNNW
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we discussed the debt ceiling. you voted against the deal to suspend the debt ceiling with 34 of your fellow senators but it passed anyway. what yo do you need to see in a bill to avoid the sequester sometime between now and the end of february? >> ali, first of all, as someone who did run a business for 22 years, i'm embarrassed about the way we're operating the country right now and i want to say that up front. sequestration is a bad idea. we ought to be doing our business, approapriating and budgeting, making decisions on cost b-benefit analysis. these continual deadlines and cliffs is no way to run a country much less a company. >> when you run a company, you have these things called poison pills. that's what the sequestration was. something to awful it would prevent a certain course of action from taking place. why is it that elected officials don't treat that the same way that you would if you were in business? if you had a poison pill in your business to say if you don't do something x will happen or if you
we discussed the debt ceiling. you voted against the deal to suspend the debt ceiling with 34 of your fellow senators but it passed anyway. what yo do you need to see in a bill to avoid the sequester sometime between now and the end of february? >> ali, first of all, as someone who did run a business for 22 years, i'm embarrassed about the way we're operating the country right now and i want to say that up front. sequestration is a bad idea. we ought to be doing our business,...
111
111
Feb 20, 2013
02/13
by
MSNBCW
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eye 111
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this is not like the debt ceiling or even the fiscal cliff. this is not doomsday even if it does happen. it's just stupid and we shouldn't do it. >> ezra, a couple of things here. first of all, for a long time, the stock market and the economy, as from the perspective of working people, have been at least two different things, correct? one thing, you can see the stock market doing fine. that might have a lot more to do with china than what is to happen march 1st. secondly, let's say nothing happens. the unemployment rate is stuck around 8%. this is a pretty lousy time for nothing to happen. in fact, if you look at the cbo projections, the projection with the sequester taking effect is for the unemployment rate to be 7.9% the first half of this year, 8% for the second half of this year. so, basically stuck at a place that's really very disadvantageous for so many workers. >> jared, let me interrupt this colloquy here and ask you, jared, we know that there are other looming fiscal fights, the march 27th deadline for the continuing resolution, bu
this is not like the debt ceiling or even the fiscal cliff. this is not doomsday even if it does happen. it's just stupid and we shouldn't do it. >> ezra, a couple of things here. first of all, for a long time, the stock market and the economy, as from the perspective of working people, have been at least two different things, correct? one thing, you can see the stock market doing fine. that might have a lot more to do with china than what is to happen march 1st. secondly, let's say...
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67
Feb 21, 2013
02/13
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CSPAN
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eye 67
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that was a line of demarcation, the debt ceiling fight. our numbers were as bad as they were throughout the whole president's. -- presidency. the creditors and washington were swirling around. all folks were nervous. and it was clear that we were now in a situation where we had to fight and we had to pull out of the nose dive we were in. but the mechanism was already -- there were mechanical things that had to be done. one thing we do is they were going to have a big primary and we would have time to put things in motion while they were busy that would ultimately redound to our benefit. >> take me through when you guys started operationally -- part of it is just, what you have to start the things to build the programs? >> i was at a dnc for 2009-2010 support of the work was building the foundation of what we knew would come for the reelection. while it was not a permanent campaign, there were a lot of things under the radar, the analytics. building on some of the internal polling that we did, really holding the 50 states strategy and havin
that was a line of demarcation, the debt ceiling fight. our numbers were as bad as they were throughout the whole president's. -- presidency. the creditors and washington were swirling around. all folks were nervous. and it was clear that we were now in a situation where we had to fight and we had to pull out of the nose dive we were in. but the mechanism was already -- there were mechanical things that had to be done. one thing we do is they were going to have a big primary and we would have...
139
139
Feb 20, 2013
02/13
by
CURRENT
tv
eye 139
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remember this was all about the debt ceiling. how do we avoid going over the fiscal cliff with the debt ceiling last summer. and they were log jammed. and they said we need something to really make this happen. and at a meeting at the white house somebody said years ago they had a thing called the sequester, where these horrible horrible, horrible cuts were put in there that would happen if congress didn't act. and everybody said okay. let's do that again. then it came up to the congress and the republicans in congress 174 of them voted for this. john boehner paul ryan eric cantor all voted for it. and when it was over john boehner said i love this. i got 98% of what i want. these cuts which are so bad that everybody thought never, never, never would congress go along with it. you know why the republicans want to go along with it? because they don't give a damn. they don't care if the government is whacked across the board. first responders and air traffic controllers and pell grants and all of that other stuff cut. they don't ca
remember this was all about the debt ceiling. how do we avoid going over the fiscal cliff with the debt ceiling last summer. and they were log jammed. and they said we need something to really make this happen. and at a meeting at the white house somebody said years ago they had a thing called the sequester, where these horrible horrible, horrible cuts were put in there that would happen if congress didn't act. and everybody said okay. let's do that again. then it came up to the congress and...